100 B Street, Madeira Beach, FL 33708

$824,900
1,992
SqFt
Sold Price
$824,900
List Price
$824,900
Status
Sold
Days on Market
29
Closing Date
Dec 03, 2021
MLS#
U8137673
Property Style
Quadruplex
Year Built
1948
Living Area
1,992
Lot Size
10,520
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Gulf Shores 6th Add Rep
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

Price reduced. Amazing opportunity to purchase this income producing property just a short distance from Madeira Beach, John's Pass Village, and all the local bars, restaurants, and shopping that the area has to offer. All four units have been updated. There is a new roof, electrical, A/C units, plumbing and all was permitted and done by licensed contractors. In addition to the four residences, there is a separate shared laundry room and back yard common area where the tenants can share time together grilling and enjoying the relaxed lifestyle of Madeira Beach. All four units have separate water and electric meters. Another plus is there are no HOA fees. Rents are currently below market, but there is so much upward cash flow potential with this property. Live in one and rent the other three or just rent all four and enjoy the return on your investment. A great location and investment.

Additional Information

Taxes
$6943
Minimum Lease
6 Months
Annual Gross Income
44400
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s), Kitchen/Family Room Combo, Window Treatments
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo, Window Treatments
Utilities
Public
Heating
Wall Units / Window Unit
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Awning(s), Shade Shutter(s)
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
10-31-15-34452-231-0010
Legal Description
GULF SHORES 6TH ADD REPLAT BLK W 1, LOT 1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of COASTAL HOME ADVISORS RE. Selling Office: DALTON WADE INC.

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